Morning Folks!!
As you know I aim to sell no more than 1 domain per year to bridge that 20 year gap I talk about all the time. In June I stated that the "Financial Recession is over". Now look at the wording. The keyword there was "Financial". That meant that the institutions were back on solid ground. We paid for that as the incomes declined and so did standard of living. But that discussion is for another day. I wrote that on June 9th.
But the one I wrote 2 days later spelled it out even more clearly:
"In 2007 I wrote about it and prepared for it cuz I saw in coming.
In 2008 we were in New York City when they were jumping out of windows.
In 2009, 2010, 2011 we lived thru the fallout.
In 2012 we started rising from the ashes and by the end of 2013 we may be roaring back. My first post about this just 2 days ago."
On June 22nd I write a post entitled:
"I Stated the The Recession Was Over on June 9th! Now Even Bernanke Agrees." That post is here.
On June 24th I asked "What Evidence there was that the recession was over?" That post is here.
On June 28th I talked about the "Great Domain Industry Boom" That post is here.
On July 11th I stated "Keep sitting on the sidelines but this is 2003 all over again!" That post is here.
On July 12th I explained why "Domains were the single most undervalued asset in the world." That post is here.
On August 1st I explained how we were entering a new era. That post is here.
On September 1st I shared the story of my first days in domaining. That post is here.
On September 3rd I explained why this was the most important Labor Day ever! That post is here.
On September 8th, just 10 days ago, I proclaimed that 2013-2018 would be the "Golden Era of Domaining". That post is here.
Point is I spent all summer writing about this during the period of doom and gloom so I would be 100% clearly on record like I have never been before and that is not an easy thing to do as I have been on the record for a very long time.
In 2003 the sale of Men.com ignited things overnight. It was the fuel that gave birth to T.R.A.F.F.I.C.
This time it was not overnight. My new 7 figure sale was preceded by 2 other huge 7 figure sales just in the last 10 week!!
Just a few days ago, on 9/11, IG.com sold for $4.7MM
In July 114.com was sold for $2.1MM
Compare that to 2012 when there were only two reported 7 figure transactions for the entire year. Investing.com at $2.45MM and PersonalLoans.com at $1MM.
So with my new sale that I can make public in the weeks ahead, that makes three reported sales in just the last 10 weeks! That's significant. And what is even more significant is the size of the sales.
So fine, ignore all those posts and sit on the sidelines. But my only question is "How can't you see what is coming?" More importantly, "How can't you see what is here?"
Evidence can't be ignored. Just today Elliot is reporting the sale of Chicago.com now confirmed by Crain. I think it safe to say it was well into the 7 figures if not more.
Stop selling yourselves short. If you have premium domains you are set for life. If you don't, and the $$$ are not rolling in, scrap what you are doing and go get some before it is too late.
Rick Schwartz
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